TRAITEUR DE SINGEL
ActiveSummary
TRAITEUR DE SINGEL has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €454k and a net result of €16k. Equity is growing by ~15.5% per year across the filed fiscal years. Its solvency ranks better than 65% of 803 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71=
Solvency78▲+6
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.59 against 1.31 in 2023; short-term debt: 23.5% and cash: 7% of total assets), and 46.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
37 d early
2022
26 d early
2021
33 d early
2020
23 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€454k▲ 3.6%
2023 · €438k
2018: €111k
2019: €167k
2020: €290k
2021: €369k
2022: €423k
2023: €438k
2018 → 2024
Total assets
€852k▼ 8.7%
2023 · €933k
2018: €365k
2019: €761k
2020: €790k
2021: €897k
2022: €880k
2023: €933k
2018 → 2024
Net result
€16k▲ 8.2%
2023 · €14k
2018: €15k
2019: €56k
2020: €123k
2021: €79k
2022: €54k
2023: €14k
2018 → 2024
Working capital
€117k▲ 63.1%
2023 · €72k
2018: €70k
2019: €40k
2020: €20k
2021: €46k
2022: €61k
2023: €72k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€290k-€369k▲ 27.2%€423k▲ 14.6%€438k▲ 3.4%€454k▲ 3.6%
Operating result€162k-€109k▼ 32.7%€78k▼ 28.0%€33k▼ 58.4%€35k▲ 6.7%
Net result€123k-€79k▼ 35.9%€54k▼ 31.6%€14k▼ 73.3%€16k▲ 8.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 7% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €852k
Fixed assets
€535k ▼ 14.6%
Current assets
€317k ▲ 3.3%
Equity and liabilities €852k
Equity
€454k ▲ 3.6%
Debt
€399k ▼ 19.5%
Debt's share of the balance-sheet total falls from 53.1% to 46.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€166k▲
2023 · €148k
Cash flow
€147k▲
2023 · €129k
Current ratio
1.59▲
2023 · 1.31
Quick ratio
1.38▲
2023 · 0.92
Debt to equity
0.88▼
2023 · 1.13
ROE
3.4%▲
2023 · 3.3%
ROA
1.8%▲
2023 · 1.5%
Interest coverage
12.30▲
2023 · 10.54
Debt ≤ 1 year
€200k▼
2023 · €235k
Debt > 1 year
€199k▼
2023 · €258k
Income taxes
€6k▲
2023 · €4k
Staff costs
€290k▼
2023 · €339k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet
Code20232024
Assets
Total assets20/58€933k€852k▼
Fixed assets21/28€626k€535k▼
Intangible fixed assets21€23k€20k▼
Tangible fixed assets22/27€603k€515k▼
Land and buildings22€415k€354k▼
Plant, machinery and equipment23€100k€100k▲
Furniture and vehicles24€89k€60k▼
Current assets29/58€307k€317k▲
Stocks and contracts in progress3€90k€41k▼
Stocks30/36€90k€41k▼
Amounts receivable within one year40/41€116k€196k▲
Trade receivables40€2k€79k▲
Other amounts receivable41€114k€117k▲
Current investments50/53€1k€13k▲
Cash at bank and in hand54/58€64k€60k▼
Deferred charges and accrued income490/1€36k€7k▼
Equity and liabilities
Total equity and liabilities10/49€933k€852k▼
Equity10/15€438k€454k▲
Contributions10/11€19k€19k=
Reserves13€17k€17k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€403k€418k▲
Amounts payable17/49€495k€399k▼
Amounts payable after more than one year17€258k€199k▼
Financial debts170/4€258k€199k▼
Amounts payable within one year42/48€235k€200k▼
Current portion of amounts payable after more than one year42€96k€78k▼
Trade debts44€100k€72k▼
Suppliers440/4€100k€72k▼
Taxes, remuneration and social security45€14k€20k▲
Taxes450/3€14k€20k▲
Other amounts payable47/48€25k€30k▲
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Non-recurring operating income76A€9k-
Remuneration, social security and pensions62€339k€290k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115k€132k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€487k€458k▼
Operating profit (loss)9901€33k€35k▲
Financial income75/76B-€16
Recurring financial income75-€16
Financial charges65/66B€14k€14k▼
Recurring financial charges65€14k€14k▼
Profit (loss) for the period before taxes9903€19k€21k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€14k€16k▲
Profit (loss) for the period to be appropriated9905€14k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€403k€418k▲
Profit (loss) brought forward from the previous period14P€388k€403k▲
Social balance
Average headcount (FTE)9087-6.3
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €14k ▼73.3%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €123k ▲121%
Operating result €162k, net result €123k, both a record.
31-12
Financial
Equity above €200kEq €290k ▲73.9%
3 profitable years in a row build equity to €290k.
14-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150kEq €167k ▲50.4%
2 profitable years in a row build equity to €167k.
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Balen · 2 establishment units since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steegstraat 942490 BalenGround area
1,938 m²
Building footprint
741 m²
Volume, LiDAR
3,554 m³
2 parcels, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Traiteur De Singel
since 20062.152.340.324
Vis & Co
since 20192.293.122.065
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003D0358/00T000 | Flanders | 1,209 m² | 1 · 460 m² | 10.6 m · 1 fl. |
| 72344D0070/00P010 | Flanders | 729 m² | 1 · 281 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,500 EUR awarded · 1,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,500 EUR | 1,500 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBalen2.152.340.324
Lommel2.293.122.065
Dual-learning approval
2 live approvals · 2 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Show 2 ended approvals
Hulpkok (so)
Keukenmedewerker (so)
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Of 395 companies in sector 10890 we hold annual accounts for 225. 116 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
10890Manufacture of food products
56210Event catering
56220Contract catering and other food service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.